Live Breaking News & Updates on Up Wart

Stay updated with breaking news from Up wart. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:11:00

You ve heard that from the white house and your democratic colleagues. is that the case? sandra: absolutely not. i spoke i serve on the banking committee. i ve spoken with a lot of people in financial services sectors, the largest banks in the country. they are bullish on the economic prospects absent this $3 trillion package. all of them have said an financial experts more experienced than me say if we flood the zone with this $3 trillion in spending, it s not going to end well. it s going to affect the long-term cost of products and could have an upward if the fed does react, could have an up wart impact on interest rates. we could be at a situation where we could spend a trillion a year serving our national debt right now. that is a financial disaster waiting to happen, which is why we hoped that on a bipartisan basis, getting this infrastructure package in we can set it aside and then the ....

Sandra Smith , White House , Banking Committee , 3 Trillion , Interest Rates , Up Wart , Infrastructure Package ,